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H.R. 4386: Money Remittances Improvement Act of 2014

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H.R. 4386: Money Remittances Improvement Act of 2014

113th Congress · introduced 2014-04-03 · Finance and Financial Sector · Latest: Became Public Law No: 113-156.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2014-04-03 · official record
  2. Who proposed it: Rep. Ellison, Keith [D-MN-5] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Became Public Law No: 113-156. (final step reached)
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Money Remittances Improvement Act of 2014

Plain summary

(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Money Remittances Improvement Act of 2014 - Authorizes the Secretary of the Treasury, with respect to compliance with reporting requirements for monetary instrument transactions of financial institutions, to rely upon examinations conducted by a state supervisory agency of a category of financial institution if: (1) the category is required to comply with federal requirements, or (2) the state supervisory agency examines the category for compliance with federal requirements. Instructs the Secretary to consult with state supervisory agencies when issuing rules to implement this Act.

Congressional Research Service summary (Public Law), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Money Remittances Improvement Act of 2014

Source: Congressional Research Service summary (Public Law)

AI explanation – may be wrong, check the official text

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Ellison, Keith [D-MN-5] · 10 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Kevin Cramer (R-ND), Adam Smith (D-WA)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)
Rulemaking
The process agencies use to write regulations that carry out laws passed by Congress or a legislature. Usually an agency publishes a proposed rule, takes public comments, then publishes a final rule.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong113-hr4386 · catalog fed-us-congress-bills-cong113 · updated 2026-11-15 by psicol fed-bills-cong113